MOTHER spikes 37% as Pyth Network adds price feed support

Oracle platform Pyth Network now supports Mother Iggy, bringing real-time price feeds to over 75 blockchains.

Pyth Network (PYTH) announced on September 26 that the support for Mother Iggy (MOTHER) came after “degens requested it.” MOTHER is a Solana meme coin started by Australian rapper and songwriter Iggy Azalea.

According to Pyth, support for the meme coin is provided via the MOTHER/USD price feed.

The first platforms to integrate this feed include Solana-based Drift Protocol, Save (formerly Solend), and asset-backed trading solution Flash.Trade.

Pyth Network has outlined its support for Mother Iggy as well as Sei (SEI)-based decentralized exchange DragonSwap. The platform will power its Prediction Product using Pyth price feeds, providing users with real-time pricing data to ensure the prediction market delivers accurate results.

MOTHER’s price is rising

The integration with the decentralized finance platform’s price feed comes as the meme coin has rallied to regain its $100 million market cap. Iggy Azalea has also been at the forefront of defending the project, which she says is more than just a “celebrity meme” token.

Recently, MOTHER has attracted attention with its plans to launch a crypto casino called ‘Motherland’. Azalea introduced the platform, which is expected to go live in November, at an event held at Solana Breakpoint in Singapore. The MOTHER token will power the casino’s operations.

Following the Pyth news, MOTHER’s price rose sharply, jumping more than 37% in the last 24 hours and outperforming other meme coins. Other meme coins that gained the most among the top 500 by market cap were Moodeng, Maga, and Daddy Tate.

At press time, Mother Iggy’s market cap was around $133 million and daily volume was up 50%.